Tuesday, June 24, 2008

Financials Catch Some Bids

Here are some shorts that are making me lick my chops. I was in the city all day and just returned home. I traded small and saw that the financials rallied off their lows. I know, they bottomed-right? The oils that went nuts yesterday took a breather today as well as the soft commodities. A well deserved break. I traded light and caught a little C and BAC long, but tomorrow as we all know is the big day.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.